1733.23
Fidelity bond.

The treasurer and all employees of every credit union who are
responsible for administering and safekeeping the funds of the credit union,
before entering upon the discharge of their duties, shall be covered by an
individual, schedule, or blanket fidelity bond in favor of the credit union
employing them, with terms and surety approved by the board of directors of the
credit union and the superintendent of credit unions. Such bond shall be at the
expense of the credit union. Its amount shall be increased if required by the
superintendent.